Vape Shop Retail and Lounge, Premium LA Location

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BizEx ID:BizEx1160-EM
General Location:Los Angeles, CA
Category: Retail
Years in Business:3
Under Present Owner:3
Hours of Operation:10:00am - 10:00pm
Owner Hours:varies
Training:2 weeks @ 30 hours
Organization Type:C-Corp
Lease Expiration:Buyer to Secure New Lease
Lease Options:
Building Size:800
Reason for Sale:Other Business Interests


Asking Price:$38,000
Down Payment:Negotiable
Gross Sales:$300,000
Discretionary Cash Flow:$60,000
Inventory Included?No
Min. Operating Capital:$15,000
Real Estate Available?No

2017 2016
Gross Sales $ 320,000 $ 310,000
Gross Profit $ 200,000 $ 185,000
Disc. Earnings $ 60,000 $ 50,000

Eric Mellem
Business Broker/ M&A Advisor
100 Wilshire Boulevard, Suite 700
Santa Monica, CA 90401
Office: (310) 882-2200 ext 146
Direct: (310) 293-6414
Lic#: 1220802

Don Mellem
Business Broker / M&A Advisor
4640 Admiralty Way, Suite 500
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 155
Direct: 310-882-2200 x155
Lic#: 01845922

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations